Two new users every second. LinkedIn Corp (NYSE:LNKD) is growing fast. Even better, with every additional user, the social platform becomes even more useful and valuable.
$167 million. That’s the amount of free cash flow LinkedIn Corp (NYSE:LNKD) generated on $1,109 million in sales in the trailing 12 months. LinkedIn Corp (NYSE:LNKD) is a cash cow — already.
72%. From the year-ago quarter, that number marks the company’s revenue growth in the first quarter of 2013.
200,000. That’s the estimated field of corporate clients for recruiting services, of which only about 18,000 are using LinkedIn Corp (NYSE:LNKD). Recruiting accounts for 57% percent of LinkedIn’s revenue, and it also happens to be the company’s fastest-growing segment, up 80% in the first quarter of 2013 from the year-ago quarter. So you can confidently expect LinkedIn will continue to grab a larger share of this market. Talk about growth opportunity.
Some stocks are worth their premiums
Don’t turn your back on a stock simply because it looks overvalued. Take a closer look; some companies really have superior growth prospects, deserving of extreme valuations. But is the market getting a little too excited? Or do you think Tesla Motors Inc (NASDAQ:TSLA) and LinkedIn are among the rare stocks that actually deserve their unthinkable valuations?
The article Understanding the Meteoric Growth of LinkedIn and Tesla originally appeared on Fool.com is written by Daniel Sparks.
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